Church & Dwight (CHD) to Release Quarterly Earnings on Thursday

Church & Dwight (NYSE:CHD) will be issuing its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Church & Dwight has set its FY 2024 guidance at 3.420-3.420 EPS and its Q1 2024 guidance at 0.850-0.850 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Church & Dwight (NYSE:CHD) last released its earnings results on Friday, February 2nd. The company reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.51 billion. Church & Dwight had a return on equity of 20.28% and a net margin of 12.88%. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.62 earnings per share. On average, analysts expect Church & Dwight to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Church & Dwight Stock Performance

NYSE CHD opened at $107.36 on Thursday. The company has a market cap of $26.19 billion, a PE ratio of 35.32, a price-to-earnings-growth ratio of 3.52 and a beta of 0.53. The stock’s 50 day simple moving average is $102.54 and its 200-day simple moving average is $96.90. Church & Dwight has a 1-year low of $82.25 and a 1-year high of $107.56. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.08 and a quick ratio of 0.64.

Church & Dwight Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Thursday, February 15th were given a dividend of $0.2838 per share. This is an increase from Church & Dwight’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.14 dividend on an annualized basis and a yield of 1.06%. Church & Dwight’s dividend payout ratio (DPR) is presently 37.17%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Truist Financial lifted their price objective on Church & Dwight from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada lifted their price objective on Church & Dwight from $94.00 to $103.00 and gave the stock a “sector perform” rating in a research report on Monday, February 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on Church & Dwight from $109.00 to $112.00 and gave the stock a “buy” rating in a research report on Monday. Barclays lifted their price objective on Church & Dwight from $80.00 to $83.00 and gave the stock an “underweight” rating in a research report on Friday, April 12th. Finally, Bank of America lifted their price objective on Church & Dwight from $100.00 to $104.00 and gave the stock a “neutral” rating in a research report on Monday, April 15th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $104.07.

Insider Activity

In other news, EVP Michael Read sold 4,500 shares of Church & Dwight stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO Matthew Farrell sold 275,000 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $103.83, for a total transaction of $28,553,250.00. Following the completion of the transaction, the chief executive officer now directly owns 112,719 shares of the company’s stock, valued at approximately $11,703,613.77. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Michael Read sold 4,500 shares of the business’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $105.00, for a total value of $472,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 373,052 shares of company stock valued at $38,603,796. 1.40% of the stock is currently owned by corporate insiders.

Church & Dwight Company Profile

Church & Dwight Co, Inc develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company offers cat litters, carpet deodorizers, laundry detergents, and baking soda, as well as other baking soda based products under the ARM & HAMMER brand; condoms, lubricants, and vibrators under the TROJAN brand; stain removers, cleaning solutions, laundry detergents, and bleach alternatives under the OXICLEAN brand; toothbrushes under the SPINBRUSH brand; home pregnancy and ovulation test kits under the FIRST RESPONSE brand; depilatories under the NAIR brand; oral analgesics under the ORAJEL brand; laundry detergents under the XTRA brand; gummy dietary supplements under the L'IL CRITTERS and VITAFUSION brands; dry shampoos under the BATISTE brand; water flossers and showerheads under the WATERPIK brand; cold shortening and relief products under the ZICAM brand; oral care products under the THERABREATH brand; and acne treatment products under the HERO brand.